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r <br /> RESOLUTION NO. 2002- 016 <br /> 2. Draft in the amount of$851,536.13 represents the amount required <br /> by the County to fulfill the performance of said Contract for Construction of <br /> Required Improvements. <br /> 3. Office of Management and Budget is directed to present this <br /> Resolution together with a sight draft marked "DRAWN ON IRREVOCABLE <br /> LETTER OF CREDIT NO. 01-0092 OF INDIAN RIVER NATIONAL BANK" to the <br /> office of Indian River National Bank located at 958 20th Place, Vero Beach, <br /> Florida, on or before March 31, 2002. <br /> The resolution was moved for adoption by Commissioner Ginn , and <br /> the motion was seconded by Commissioner Adams , and, upon being put to <br /> a vote, the vote was as follows: <br /> Chairman Ruth M. Stanbridge Aye <br /> Vice Chairman John W. Tippin Aye <br /> Commissioner Fran B. Adams Aye <br /> Commissioner Caroline D. Ginn AyP <br /> Commissioner Kenneth R. Macht Aye <br /> The Chairman thereupon declared the resolution duly passed and <br /> adopted this 19thday of March, 2002. <br /> BOARD OF COUNTY COMMISSIONERS <br /> P INDIAN RIVER COUNTY, FLORIDA <br /> Ruth M. Stanbridge, Ch irman <br /> . date <br /> .Y . <br /> T: Jeffrey K. , Clerk <br /> ` APPROVED AS TO FORM <br /> '--` <br /> B -• AND LEGAL SUFFICIENCY <br /> r � �. <br /> �- Deputy°Clerk <br /> 6Y <br /> WILLIAM G. COLLINS II <br /> DEPUTY COUNTY ATTORNEY <br /> y <br /> 3/2002RESO(LEGAL)wGC/nhm 2 <br />